Bellstone, Shrewsbury, SY1

Description

Bellstone Court is an attractive early 20th century, 2 storey building situated within a quiet courtyard in Shrewsbury Town Centre. The property comprises a range of ground and first floor office/consulting rooms, benefitting from ground floor WC facilities and storage. The offices are currently fully let and as such income generating.

Location

The property is situated within the heart of Shrewsbury, to the rear of Bellstone between Old Bank Buildings and St Chad's Church. Situated within the town's historic river loop, to the immediate west of the town centre, surrounding properties comprise a mix of retail, hospitality and office spaces with other residential buildings. The property is accessed off Bellstone via an arched gated pedestrian passage into and enclosed courtyard. There is no parking at the property, but public parking is located across from Bellstone at Rowley's Mansion.

Accommodation

Ground Floor Suite One - 451 sq ft (41.94 m sq) Shared Ladies and Gentlemen's Toilets. First Floor Suite Two - 312 sq ft (29.03 m sq) Suite Three - 242 sq ft (22.50 m sq) Total Gross Internal Floor Area 1,006 sq ft (93.48 m sq) Tenancy Schedule - Suite One Geosmart Information Ltd (Professional Services) Rent - £6,500 per annum Lease Details - Let on a lease expiring in July 2029. Suite Two Curl Confidence (Hair Salon) Rent - £3,500 per annum Lease Details - Quarterly rolling tenancy. Suite Three Merial Thomas ( Book Keeper) Rent - £3,000 per annum Lease Details - Quarterly rolling tenancy. Further details available from the selling agents upon request.

Price

Asking price of £165,000 (One hundred sixty five thousand pounds) subject to contract, showing an initial yield of 7.72% (After allowing for purchasers costs in the normal way).

Tenure

The property is held Freehold (Title Number SL182539).

VAT

It is our understanding that the property is not elected for VAT.

Business Rates

Interested parties should rely on their own investigations through the local authority. Shropshire Council Tel:

EPC

The property EPC’s are as follows: Suite 1 – E Suite 2 – G Suite 3 – G

Services

We understand that the property benefits from mains water, electricity, and sewage. Purchasers are to rely on their own investigations.

Legal Costs

Each party to be responsible for their own legal costs.

Method of Sale

The land is offered by private treaty. The vendor reserves the right not to accept the highest or any offer.

Wayleaves, Easements and Rights of Way

The property will be sold subject to and with all the benefit of all wayleaves, easements and rights of way which may exist whether mentioned in these particulars or not.

Viewings

By appointment through Berrys or Halls (acting as joint agents). Please contact the agent (contact details below) to arrange an appointment.